Course detail

Financial Accounting

FP-KfuPAcad. year: 2016/2017

Fixed assets and the methods of their booking, current assets and methods of their booking, expanses and revenues and the methods of their booking, income (loss) for fiscal period and methods of their booking, liabilities and methods of their booking, process of final account.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Guarantor

doc. Ing. Anna Fedorová, CSc.

Department

Institute of Finances (ÚF)

Learning outcomes of the course unit

Students will acquire basic skills to:
- The principles of balancing the property amounts and liabilities in the particular accounting operations, operations in accounts and accounting statements including opening and closing of bookkeeping.
- The financial statements

Prerequisites

Prerequisites:
- Double entry method
- Accounting definition of asset items and their valuation
- Concept and definition of sources of finance
- The costs, revenues and results of the company
- Connection between the accounting categories and their projection to the financial statements

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Lectures consist of an explanation of basic principles, methodology of the discipline problems
and model solution. Exercise support of practical mastery of subject matter presented in lectures or assigned for individual study. The part the students' work is entered and independent work.

Assesment methods and criteria linked to learning outcomes

For the credit is required to complete all the exercises, successfully (at least grade E) recognize a specified accounting transactions and prepare financial statements.
The test consists of written part, in the case of an ambiguous result -oral part.
In the final mark of the course also entered the work on the exercises. On the resulting classification is involved in each of the following: test - 50 %, the results of the exercises - 50 %.

Course curriculum

Fixed Assets. The booking of asset acquisition, depreciation and asset disposal.
Current assets and methods of their booking
Definition and classification of expanses and the methods of their booking.
Definition and classification of revenues and the methods of their booking.
The methods of final closing.
Audits in accounting.

Work placements

Not applicable.

Aims

-Students will be introduced to approaches of booking of assets and liabilities, expenses, revenues and income (loss) for fiscal period.
-Students will become acquainted with concepts of closing of bookkeeping and final account.

Specification of controlled education, way of implementation and compensation for absences

Participation of students in seminars is checked. During the semester, the student have to prepare carrying cases by accounting documents by computer and at the end of the semester student have to prepare the financial statements of the underlying transactions. The whole process of preparing financial documentation is divided into progressive steps that students hand over teacher and to be classified. Students are become familiar with the responsibilities and deadlines.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

zákon č. 563/1991Sb., o účetnictví (CS)
vyhláška č. 500/2002Sb., kterou se provádějí některá ustanovení zákona o účetnictví (CS)
České účetní standardy pro podnikatele (CS)

Recommended reading

Bokšová, J. Účetní výkazy pod lupou. Praha, Linde, 2013. ISBN 9788072019212 (CS)
Kovanicová, D. Finanční účetnictví - světový koncept. 5. vyd. BOVA POLYGON, 2005. ISBN 8072731297 (CS)
Ryneš, P. Podvojné účetnictví a účetní závěrka 2016. Olomouc: ANAG, 2016. ISBN 978-80-7263-994-6 (CS)
Strouhal, J. a kol. Účetnictví podnikatelů. Meritum. Praha: Wolters Kluwer, 2016. EAN: 9788075520517 (CS)

Classification of course in study plans

  • Programme BAK Bachelor's

    branch BAK-EP , 3. year of study, winter semester, compulsory-optional

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

doc. Ing. Anna Fedorová, CSc.
Ing. Zuzana Křížová, Ph.D.

Syllabus

1) Long-term tangible and intangible assets and the depreciation, calculation of depreciation scheme and its presentation.
2) Accounts receivable after the maturity date, rectifying items of accounts receivable and their creation, the calculation of rectifying items (both accounting and taxable) of company accounts receivable, presentation.

Exercise

26 hours, compulsory

Teacher / Lecturer

Ing. Lenka Zemánková, Ph.D.

Syllabus

1) Long-term tangible and intangible assets and the depreciation, calculation of depreciation scheme and its presentation.
2) Accounts receivable after the maturity date, rectifying items of accounts receivable and their creation, the calculation of rectifying items (both accounting and taxable) of company accounts receivable, presentation.